Overview
Retail Trade

Wagokoro co.,ltd.

Wagokoro operates an Inbound MD business centered on designing, manufacturing, and retailing Japanese culture-inspired products—including hairpins (kanzashi), umbrellas, chopsticks, kimono accessories, and silver accessories—through a vertically integrated SPA model across major Japanese tourist destinations such as Kyoto, Tokyo, and Fukuoka. The company also operates an Anime & Game MD division providing small-lot OEM manufacturing services for character goods to anime, game, and manga companies, leveraging its established network of domestic and overseas partner factories. A third segment, operated through subsidiary Maigure Co., Ltd., manages renovated vacation rental properties and real estate leasing primarily on the Izu Peninsula in Shizuoka Prefecture.

Market Cap
¥7.94B
US$50.6M
EV
¥7.21B
US$46.0M
Stock¥944▲+0.43%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
9.2
x
LTM EV/EBIT
9.6
x
LTM PER
9.6
x
LTM PBR
4.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-17.3%pt
1001
Oct 24, 25 – Oct 23, 26StockTOPIX
1Feb 16, 26Activist shareholder proposal announcement
MC → EV Bridge
7.94BUS$50.6MMarket Cap0.44BUS$2.78M+ Debt1.16BUS$7.40M− Cash0.00BUS$0.00M− Inv. Sec.7.21BUS$46.0MEV
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Performance & Balance
Revenue 5Y (¥B)
0.90US$5.75M'21/121.00US$6.35M'22/121.33US$8.48M'23/122.09US$13.4M'24/122.78US$17.7M'25/12
EBITDA 5Y (¥B)
-0.46-US$2.95M'21/12-0.18-US$1.16M'22/120.07US$0.43M'23/120.43US$2.76M'24/120.59US$3.77M'25/12
Net Income 5Y (¥B)
-0.55-US$3.53M'21/12-0.08-US$0.52M'22/12-0.01-US$0.08M'23/120.40US$2.54M'24/120.71US$4.50M'25/12
Capital Structure
82%
EquityD/E 0.22xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
0.13US$0.81M0.59US$3.77M'21/120.12US$0.78M0.59US$3.76M'22/120.28US$1.81M0.53US$3.37M'23/120.19US$1.21M0.43US$2.76M'24/120.60US$3.83M0.37US$2.34M'25/12
Shareholders
Top 10 hold 73.7%
1
Tomohiro MORI
20.25%
2
ELLE Limited Liability Partnership
19.53%
3
Forest Co., Ltd.
11.98%
4
Kenichi SANO
8.53%
5
Hideki YOSHIMURA
4.20%
6
Yumeto MOGAMI
3.34%
7
Hideki YOSHIMURA
1.82%
8
Rakuten Securities, Inc.
1.48%
9
LOCAL,Inc.
1.32%
10
Hiroyuki YOSHIOKA
1.24%
Management
8 officers
Tomohiro MORI
Representative Director
Jun 1997 Founded the Company's business as a sole proprietorship Feb 2003 Established the Company; Representative Director (current) Dec 2015 Representative Director, President, Forest Co., Ltd. (current)
1978-12-10
Yumeto MOGAMI
Senior Managing Director, Head of Store Business Division
Jun 1997 Founded the Company's business as a sole proprietorship Feb 2003 Established the Company; Senior Managing Director Jul 2020 Senior Managing Director, Head of Store Business Division (current)
1979-03-25
Shingo ODAGIRI
Senior Managing Director, Head of Corporate Sales Division
Apr 1994 Joined Rainbow Co., Ltd. Sep 2006 Joined the Company Apr 2014 Director of the Company Dec 2014 Left the Company Sep 2017 Rejoined the Company Mar 2020 Assumed office as Director of the Company Mar 2023 Senior Managing Director, Head of Corporate Sales Division (current)
1975-05-24
Shohei INAI
Director
Apr 2012 Joined Nomura Securities Co., Ltd. Jul 2017 Left Nomura Securities Co., Ltd. Sep 2017 Founded REFINAS May 2018 Established Refinas Co., Ltd.; Representative Director, President (current) Mar 2022 Director of the Company (current)
1989-12-06
Junichi SAITO
Director, CFO
Apr 2006 Joined General Electric (GE) International Jun 2017 Left General Electric (GE) International Jul 2017 Joined Startup (currently Japan Future Agriculture Group) Sep 2024 Left Japan Future Agriculture Co., Ltd. Mar 2025 Executive Officer, CFO of the Company Mar 2026 Director, CFO of the Company (current)
1981-06-19
Toshiro SHIRAGATA
Director, Audit and Supervisory Committee Member
Apr 1986 Joined Kyodo VAN Co., Ltd. (now SCSK Corporation) Jan 1990 Joined Sanwa Tohmatsu Aoki Audit Corporation (now Deloitte Touche Tohmatsu LLC) Jun 2001 Director, Tohmatsu Environment & Quality Research Institute Co., Ltd. Oct 2006 Representative Director, President, Tohmatsu Innovation Co., Ltd. Oct 2014 Representative Director, President, Shiragata Research Institute Co., Ltd. (current) Jun 2015 Director, Capa Co., Ltd. (current) Mar 2020 Director (Audit and Supervisory Committee Member) of the Company (current)
1964-03-07
Yohei TSUGANE
Director, Audit and Supervisory Committee Member
Dec 2006 Joined Misuzu Audit Corporation Dec 2017 Established Yohei Tsugane Certified Public Accountant and Tax Accountant Office (current) Corporate Auditor, LanCul Co., Ltd. (current) Jun 2019 Director, NiceGuysVision Co., Ltd. (current) Jul 2021 Corporate Auditor, COLORFULLY Co., Ltd. Oct 2021 Corporate Auditor, MyBest Co., Ltd. (current); Representative Director, NiceGuysVision Co., Ltd. (current) Mar 2022 Director (Audit and Supervisory Committee Member) of the Company (current)
1981-03-29
Hajime YAMAGUCHI
Director, Audit and Supervisory Committee Member
Jan 2004 Founded TRUST Mar 2010 Representative Director, President, TRUST Co., Ltd. Jun 2021 Chairman, TRUST Co., Ltd. Oct 2021 Representative Director, President, CONOC Co., Ltd. (current) Mar 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1980-04-30
Large Shareholding Reports
Hideki YOSHIMURA
2026-07-10
7.43%→7.14%
Annual report (as of 2026-06-30): 4.20%
General Foundation Nihon Bunka Suki Foundation
2026-07-03
19.30%→19.28%
General Foundation Nihon Bunka Suki Foundation
2026-07-03
22.68%→22.66%
General Foundation Nihon Bunka Suki Foundation
2026-07-03
22.73%
Correction filing (name/detail fix only) — ratio carried over from the original filing
General Foundation Nihon Bunka Suki Foundation
2026-07-03
19.26%→19.26%
General Foundation Nihon Bunka Suki Foundation
2026-07-03
21.03%→21.01%
General Foundation Nihon Bunka Suki Foundation
2026-07-03
19.28%→19.26%
General Foundation Nihon Bunka Suki Foundation
2026-07-02
19.28%
Correction filing (name/detail fix only) — ratio carried over from the original filing
General Foundation Nihon Bunka Suki Foundation
2026-07-02
21.03%→19.30%
General Foundation Nihon Bunka Suki Foundation
2026-07-02
22.73%
General Foundation Nihon Bunka Suki Foundation
2026-07-02
22.68%→21.03%
General Foundation Nihon Bunka Suki Foundation
2026-07-02
22.73%→22.68%
Share Reco Co., Ltd.
2026-06-25
29.22%→23.00%
Share Reco Co., Ltd.
2026-06-25
23.00%→0.00%
Share Reco Co., Ltd.
2026-06-25
29.22%
General Foundation Nihon Bunka Suki Foundation
2026-06-10
19.28%
Hideki YOSHIMURA
2026-05-29
8.05%→8.79%
Annual report (as of 2026-06-30): 4.20%
Hideki YOSHIMURA
2026-05-27
8.05%→7.43%
Annual report (as of 2026-06-30): 4.20%
Tomohiro MORI
2026-03-23
25.23%→32.54%
Annual report (as of 2026-06-30): 20.25%
Tomohiro MORI
2026-03-19
25.23%→32.54%
Annual report (as of 2026-06-30): 20.25%
Tomohiro MORI
2025-09-03
25.62%→32.99%
Annual report (as of 2026-06-30): 20.25%
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-08-13
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-13
Q2 Earnings Flash
FY ending Dec 2026
EDINET
2026-07-10
Large Shareholding Report
EDINET
2026-07-03
Large Shareholding Report
EDINETAmended
2026-07-03
Change Report
EDINETAmended
2026-07-03
Change Report
EDINETAmended
2026-07-03
Change Report
EDINETAmended
2026-07-03
Change Report
EDINET
2026-07-03
Large Shareholding Report
EDINET
2026-07-02
Large Shareholding Report
EDINET
2026-07-02
Large Shareholding Report
EDINETAmended
2026-07-02
Change Report
EDINET
2026-07-02
Large Shareholding Report
EDINET
2026-07-02
Large Shareholding Report
EDINET
2026-06-25
Large Shareholding Report
EDINET
2026-06-25
Large Shareholding Report
EDINET
2026-06-25
Large Shareholding Report
EDINET
2026-06-10
Large Shareholding Report
EDINETAmended
2026-05-29
Change Report
EDINET
2026-05-27
Large Shareholding Report
TDnet
2026-05-14
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-27
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINETAmended
2026-03-23
Change Report
EDINET
2026-03-19
Large Shareholding Report
TDnet
2025-11-13
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-09-03
Large Shareholding Report
EDINET
2025-08-13
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
TDnet
2025-05-14
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-31
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-14
Semi-Annual Securities Report
Period: Jan 2024 – Jun 2024
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